100k seller and buyer is back again, page-6

Alph,

I doubt the rumours on COK are true and I'm sure the reported $600 - $700m deal for Metrocoal is over exaggerated. If it were true, regardless of current market conditions, Metrocoal would be trading much higher.

For newbies wanting to understand what I'm talking about, here's the link. Note the story is close to 7 weeks old.

R-Power, CESC, Essel Mining in race for Australian firm

I will be happy if the project is valued at $200m, therefore giving Metrocoal $100m cash and retaining 50% of the Wandoan West (Bundi) tenements.

You have to love the Indian media. LOL.

:)
Nic